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Low Carbon Hub

Social performance

The Low Carbon Hub develops community-owned renewable energy in Oxfordshire and re-invests 100% of its surplus into community benefit.

They measure their impact against four key sets of indicators: planet, people, prosperity and perception.

Key social performance indicators (KSPIs)

KSPIs are a measure of how the business is performing on delivering its main social or environmental purpose. Read more

KSPI 1 - Planet

The Low Carbon Hub already manages 42 renewable energy installations

Together they can:

  • Generate 4.3 GWh green electricity a year
  • Enough to power 1,394 typical homes
  • Save 1,290 tonnes of Carbon Dioxide from entering the atmosphere

Low Carbon Hub plan to increase the number of installations to 51 by March 2020.

KSPI 2 - People

The Low Carbon Hub believes its success is depending on its growing network of members, partners and supporters. It already has:

  • 955 investor members have invested £5.1 million to finance the costs of the existing Low Carbon Hub projects and whose investments bring energy into community ownership
  • 36 host organisations – the schools, businesses and community organisations that host the Hub’s energy projects and save money on their energy bills and cut their carbon emissions
  • 27 community shareholders – the low carbon community groups who share the Hub’s aims and have a stake in the organisation.

KSPI 3 - Prosperity

The Low Carbon Hub’s portfolio of renewable energy installations are anticipated to deliver the following benefits over their lifetime:

  • £8.1 million of capital expended on renewable energy installations
  • £4.8 million interest to investors
  • £1.7 million savings on electricity bills by hosts
  • £2.5 million community benefit income

KSPI 4 - Perception

The Low Carbon Hub is committed to developing a sustainable energy system for community benefit. They aim to continue earning the trust and respect of their stakeholders and maintain, or improve, their perception rating.

  • 96% believe the Low Carbon Hub is committed to the creation of a low carbon, locally owned renewable energy system
  • 98% trust their expertise around local, renewable energy and low carbon

Common environmental performance indicators (CEPIs)

CEPIs are environmental performance indicators that are common to all businesses, no matter what their main business activity is. Read more

Carbon emissions

Reducing carbon emissions is one of the core aims of the Low Carbon Hub. The carbon savings from all the Hub projects are estimated to be 1,290 tonnes of CO2 per year.

Staff travel to work

All city-based staff travel by bike, foot or bus; one member of staff based in the County travels by car and then bus.

Waste and recycling

The Society does not currently report on waste and recycling.

Common social performance indicators (CSPIs)

CSPIs are social performance indicators that are common to all businesses, no matter what their main business activity is. Read more

Community investment

After paying investors’ return, the Low Carbon Hub puts all surpluses back into the community. This is because the core purpose of the organisation is to deliver community energy for community benefit. Money is spent on staff time to provide practical support to community energy projects and on seed funding to help communities in the early, riskier stages of their projects. The total projected community benefit return over 20 years is £2.5m. So far, the Low Carbon Hub has put over a quarter of a million into community projects: including £12k into an external wall insulation project in the deprived neighbourhood of Barton and around £100k into a range of community projects including Southill Solar and Osney Lock Hydro.

Ethical procurement

The Society does not currently report on ethical procurement but looks to uphold the ethical values set out for Co-operative Members of honesty, openness, social responsibility and caring for others.

Local employment

All Low Carbon Hub staff live locally.

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